Many Californians this year have an extra month to file federal and state income tax returns, specifically those affected by storm damage. Here what to know about filing deadlines and assistance:
The series of winter storms that battered the state cost people tax preparation time and maybe even some money. To help victims recover, the IRS extended the deadline for those affected to May 15.
This year also brought the loss of some pandemic-era credits. TurboTax accountant Lisa Greene-Lewis explains. "There are those provisions that were good for 2021 that were expanded through the American Rescue Plan, and those provisions either reverted back to pre-American Rescue Plan or totally went away," Greene-Lewis said."For instance, the child tax credit that was expanded to up to $3,600. That’s going back to $2,000."
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